About your Search

20110701
20110731
Search Results 0 to 8 of about 9 (some duplicates have been removed)
in our team covering it this morning. jake tapper, jon karl on capitol hill. jon, given the deadlock, the senate republican leader mitch mcconnell says he doesn't think a deal can be reached, so he's come up with a last-ditch fallback which puts the burden on the president. >> reporter: last choice option, only if the talks completely collapse. it's complicated but the bottom line is, it would give the president the auththity on his own to gradually raise that debt ceiling by $2.5 trillion between now and the election. the political burden is all the president's. he can do it without spending cuts and even in the face of opposition from the majority in congress. but i've got to tell you, george i talked to a lot of republicans in the house, rank and file, who say it's not acceptable. they want real spending cut, a lot of them and nothing else. >> there's no guarantee of spending cuts even though it would avoid tax increases. let me bring in jake tapper for the response on that. any openness in the white house to that and where do they think the talks are right now? are they as pessim
. >>> the red sox, there's jon lester as the red sox took on blue jays. lester strikes out adam lipid. he left with a no-no ink tact. blue jays down 3-0. jose bautista, deep into the night, 28th home run of the season. blue jays are down now. later in the inning john mcdonald and heads to home, mcdonald, the throw, nicely done. he may have beaten the tab but the red sox win it, 3-2. >>> albert pujols expected to miss up to six weeks with a small fracture had his left wrist, back after 15 days. activated tuesday but not in the lineup. holliday was. that leaves in a early. 16th multihome run game of his career. lance berkman gets every bit of that pitch, 350th career home run as the cards win it, 8-1. that'll do it for this espn news update. i'm will selva. >>> all right. well, police in the bay area are trying to track down a stolen picasso and the man would swiped it from the san francisco art gallery. >> a well-dressed man in dark glasses grabbed the pencil drawing and hopped into a waiting taxi. the 1965 work titled "head of a woman" is the size of a standard sheet of paper but experts say i
stares down its debt. abc's jon karl explains. >> reporter: we took a journey to the u.s. mint in philadelphia for a lesson in how the government is losing money by making money. this is the presidential dollar coin. congress ordered the mint to make millions of them to honor every dead president but nobody seems to want them. they cost 32 cents a pop to make. the mint makes nearly 2 million of them every day. do the math. about 600,000 dollars a day to make them. because almost nobody uses these things, most go directly into storage. we found a bunch of them 100 miles down the road in a vault. here at the federal reserve in baltimore, the coins are packed into plastic bags stacked one on top of each other all the way up and down this aisle several aisles of them, millions and millions of dollars in presidential coins. federal reserve says they are piling up so quickly they are spending $650,000 to build a new vault in dallas to hold them. shipping the coins there will cost another $3 million. senator jack reed was one of the co-sponsors of the bill that directed the mint to ma
the question? has the migraine ever kept you from work? >> we'll see if she does. jon karl says he follows her closely on the campaign trail and no one works harder or more vigorously out there. so far, so good. >>> other news now, the postmaster general is pushing now to cut back mail delivery to just five days a week. he says the post offffe lost $8 billion last year and is on track for a similar loss this year. that's because mail volume is down mostly because of people using the internet for letters and to pay their bills. >>> it is a bittersweet morning for nasa astronauts and crew members as the final shuttle mission comes to an end. it's the end of the historic shuttle program that dates back to the 1980s. while the crew says gogo-bye to the shuttle, many nasa employees ll be saying good-bye to their jobs. >> reporter: on their last full day aboard the space shuttle "atlantis" the crew practiced landings on a computer laptop, peered out the windows and read poetry. the men on the ground who will lead "atlantis" back through the landing said thursday morning would be tough. >> i don't th
Search Results 0 to 8 of about 9 (some duplicates have been removed)